120 SE 58th ST, Oak Island, NC 28465
120 SE 58th ST, Oak Island, NC 28465
120 SE 58th ST, Oak Island, NC 28465
120 SE 58th ST, Oak Island, NC 28465
120 SE 58th ST, Oak Island, NC 28465
120 SE 58th ST, Oak Island, NC 28465
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$ 2,600,000
Est. payment | /mo

1.31 Acres Lot


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$ 2,600,000
Est. payment | /mo
Save

1.31 Acres Lot

Key Details

Property Type Multi-Family, Vacant Land

Sub Type 5+ Multi-Family

Listing Status Pending

Purchase Type For Sale

Subdivision Palms At Long Bay

MLS Listing ID 100574137

HOA Y/N Yes

Lot Size 1.310 Acres

Acres 1.31

Lot Dimensions irregular

Property Sub-Type 5+ Multi-Family

Source Hive MLS

Property Description

Exceptional development opportunity on Oak Island! These two vacant land lots are ideally positioned just one street from the ocean in one of the island's most sought after coastal locations. Zoned and available for the development of up to 26 condos, this property presents a rare chance for investors and developers to capitalize on the growing demand for luxury beachside living and vacation rentals.Located near public beach access, restaurants, shopping, and entertainment, this prime site offers incredible potential for a high-income producing condo project in a thriving coastal market. With strong tourism, expanding development, and limited ocean-area land availability, this property is perfectly suited for a premier residential or mixed-use investment. Don't miss this rare opportunity to develop a 26-unit condo project just steps from the beach on beautiful Oak Island, NC.

Location

State NC

County Brunswick

Community Palms At Long Bay

Zoning CR

Direction Take E Oak Island Dr, take a right at the light down 58th St., and it is in front of the Palms at Long Bay.

Location Details Island

Rooms

Other Rooms None

Exterior

Amenities Available None

Waterfront Description None

View Ocean

Garage No

Building

Water Public

Schools

Elementary Schools Southport

Middle Schools South Brunswick

High Schools South Brunswick

Others

Tax ID 236pb023

Special Listing Condition Standard

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors
Listed by Coldwell Banker Sea Coast Advantage

Nearby Locations

Lofty Support
Lofty Support

+1(805) 243-3301 | domainslofty@gmail.com

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120 SE 58th ST